Harsha Engineers International (NSE:HARSHA) Net Margin %: 9.97% (As of Mar. 2026) — 42% Above Median


NSE:HARSHA Harsha Engineers International Ltd NSE:HARSHA
86 GF Score
Price ₹416.25
GF Value ₹496.11
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Harsha Engineers International Net Margin %?

Harsha Engineers International NSE:HARSHA -3.02% 86 Net Margin % is 9.97% as of Mar. 2026, which is 42% above its 10-year median of 7.02. GuruFocus rates NSE:HARSHA with a GF Score™ of 86/100 and a GF Value™ of ₹496.11 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 3,039 Industrial Products companies, Harsha Engineers International ranks better than 73.31% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Harsha Engineers International's Net Income for the three months ended in Mar. 2026 was ₹472 Mil. Harsha Engineers International's Revenue for the three months ended in Mar. 2026 was ₹4,739 Mil. Therefore, Harsha Engineers International's net margin for the quarter that ended in Mar. 2026 was 9.97%.

The historical rank and industry rank for Harsha Engineers International's Net Margin % or its related term are showing as below:

NSE:HARSHA' s Net Margin % Range Over the Past 10 Years
Min: 2.51   Med: 7.02   Max: 9.54
Current: 9.54


NSE:HARSHA's Net Margin % is ranked better than
73.31% of 3039 companies
in the Industrial Products industry
Industry Median: 4.54 vs NSE:HARSHA: 9.54

Harsha Engineers International  (NSE:HARSHA) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Harsha Engineers International Net Margin % Related Terms


Harsha Engineers International Net Margin % Historical Data

* Premium members only.

The historical data trend for Harsha Engineers International's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Harsha Engineers International Net Margin % Chart

Harsha Engineers International Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Margin %
Get a 7-Day Free Trial 7.02 9.04 8.06 6.34 9.54

Harsha Engineers International Quarterly Data
Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.64 10.38 9.63 8.21 9.97

NSE:HARSHA vs SNA, RBC, LECO: Net Margin % Comparison

For the Tools & Accessories subindustry, Harsha Engineers International's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Harsha Engineers International Net Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Harsha Engineers International's Net Margin % distribution charts can be found below:

* The bar in red indicates where Harsha Engineers International's Net Margin % falls into.


NSE:HARSHA
86GF Score
Harsha Engineers International Ltd NSE:HARSHA
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Harsha Engineers International Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Harsha Engineers International's Net Margin for the fiscal year that ended in Mar. 2026 is calculated as

Net Margin=Net Income (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=1552/16267.9
=9.54 %

Harsha Engineers International's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=472.3/4739.1
=9.97 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 9.97% mean?
Harsha Engineers International (NSE:HARSHA) has a Net Margin % of 9.97% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Harsha Engineers International and its competitors. This is 42% above median its historical median of 7.02. Over the past decade, Harsha Engineers International's Net Margin % has ranged from 2.51 to 9.54. According to the industry distribution chart, Harsha Engineers International ranks #811 out of 3039 companies in the Industrial Products industry, placing it in the top 26.7%.
Is Harsha Engineers International's Net Margin % too high?
Harsha Engineers International's current Net Margin % of 9.97% is 42% above median its 10-year median of 7.02. Over the past 10 years, this metric has ranged from a low of 2.51 to a high of 9.54. The Industrial Products industry median Net Margin % is 4.54. Harsha Engineers International's value of 9.97% is 119.6% above this industry median. Based on the distribution chart, Harsha Engineers International ranks #811 out of 3039 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Harsha Engineers International has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Harsha Engineers International's Net Margin % compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Harsha Engineers International ranks #811 out of 3039 companies for Net Margin %. This puts Harsha Engineers International in the upper half of its industry. The industry median Net Margin % is 4.54. Harsha Engineers International's value of 9.97% is 119.6% above this benchmark. Historically, Harsha Engineers International's own Net Margin % has ranged from 2.51 to 9.54 over the past decade. While the company's 10-year median is 7.02 vs. the industry median of 4.54, Harsha Engineers International has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Industrial Products company?
The median Net Margin % among Industrial Products companies is 4.54, based on 3,039 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Harsha Engineers International's current Net Margin % of 9.97% is 119.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Harsha Engineers International and its competitors. For the Industrial Products industry, the median Net Margin % is 4.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harsha Engineers International's current Net Margin % is 9.97%, which is 42% above median its own 10-year median of 7.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harsha Engineers International stock overvalued right now?
Based on GuruFocus' analysis, Harsha Engineers International (NSE:HARSHA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹496.11, compared to a current price of ₹416.25 — trading 16.1% below its estimated fair value. The current Net Margin % is 9.97%, which is 42% above median its 10-year median of 7.02 and 119.6% above the Industrial Products industry median of 4.54. Harsha Engineers International's overall GF Score™ is 86/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Harsha Engineers International (NSE:HARSHA), the current Net Margin % is 9.97% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Harsha Engineers International (NSE:HARSHA) Overvalued in 2026?

Based on GuruFocus' analysis, Harsha Engineers International stock appears to be undervalued. The current stock price of ₹416.25 is trading 16.1% below its estimated GF Value™ of ₹496.11. GuruFocus considers Harsha Engineers International to be Modestly Undervalued.

Key valuation signals for NSE:HARSHA:

  • Net Margin %: 9.97% (42% above median its 10-year median of 7.02)
  • GF Value™: ₹496.11 vs. price of ₹416.25 (16.1% below fair value)
  • GF Score™: 86/100 with 6 warning signs
  • Industry Position: 119.6% above the Industrial Products median (#811 of 3039)

No single metric tells the full story. See the NSE:HARSHA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Harsha Engineers International Business Description

Other Exchanges 543600:India
Address NH-8A,Sarkhej-Bavla Highway, Changodar, Ahmedabad, GJ, IND, 382213
Harsha Engineers International Ltd is a manufacturer of precision bearing cages. The company supplies its products to customers covering five continents such as North America, Europe, Asia, South America, and Africa. It comprises two segments: Engineering business, under which the company manufactures bearing cages (in brass, steel, and polyamide materials), complex and specialized precision stamped components, welded assemblies and brass castings and cages & bronze bushings: and Solar EPC business, under which the company provide complete comprehensive turnkey solutions to all solar photovoltaic requirements and provides operations and maintenance services in the solar sector.
86GF Score

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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹416.25
Price
₹496.11
GF Value